West Virginia Lottery

WVLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Apr 21, 2026 is estimated to be $140 Million, with a cash option of 62.8 Million. If you win the MEGA Millions jackpot, the IRS will withhold 24% of your prize money upfront, and you may owe up to an additional 13% in federal taxes when the tax is due. Additionally, if you are a resident of West Virginia, your state will take 6.5% of your lottery winnings.

Please note that the calculation of the Powerball jackpot prizes and taxes below is based on FEDERAL INCOME TAX BRACKETS FOR 2023.

West Virginia MEGA Millions Jackpot/Cash Option for Tue Apr 21, 2026

Draw Date	Jackpot	Cash Option
Tue Apr 21, 2026	$140,000,000	$62,800,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$62,800,000
Federal Tax(24%)	$15,072,000
Additional Federal Tax	$8,124,330
State Tax(6.5%)	$4,082,000
Net Lumpsum Payment	$35,521,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,107,140	-$739,972 -$136,964	$1,230,204
2	$2,212,560	-$778,978 -$143,816	$1,289,766
3	$2,323,160	-$819,900 -$151,005	$1,352,255
4	$2,439,360	-$862,894 -$158,558	$1,417,908
5	$2,561,300	-$908,011 -$166,485	$1,486,804
6	$2,689,400	-$955,408 -$174,811	$1,559,181
7	$2,823,800	-$1,005,136 -$183,547	$1,635,117
8	$2,965,060	-$1,057,403 -$192,729	$1,714,928
9	$3,113,320	-$1,112,259 -$202,366	$1,798,695
10	$3,269,000	-$1,169,860 -$212,485	$1,886,655
11	$3,432,380	-$1,230,311 -$223,105	$1,978,964
12	$3,604,020	-$1,293,818 -$234,261	$2,075,941
13	$3,784,200	-$1,360,484 -$245,973	$2,177,743
14	$3,973,480	-$1,430,518 -$258,276	$2,284,686
15	$4,172,140	-$1,504,022 -$271,189	$2,396,929
16	$4,380,740	-$1,581,204 -$284,748	$2,514,788
17	$4,599,700	-$1,662,219 -$298,981	$2,638,500
18	$4,829,720	-$1,747,327 -$313,932	$2,768,461
19	$5,071,220	-$1,836,682 -$329,629	$2,904,909
20	$5,324,760	-$1,930,492 -$346,109	$3,048,159
21	$5,591,040	-$2,029,015 -$363,418	$3,198,607
22	$5,870,620	-$2,132,460 -$381,590	$3,356,570
23	$6,164,060	-$2,241,033 -$400,664	$3,522,363
24	$6,472,340	-$2,355,096 -$420,702	$3,696,542
25	$6,795,880	-$2,474,806 -$441,732	$3,879,342
26	$7,135,800	-$2,600,576 -$463,827	$4,071,397
27	$7,492,520	-$2,732,563 -$487,014	$4,272,943
28	$7,867,160	-$2,871,180 -$511,365	$4,484,615
29	$8,260,560	-$3,016,738 -$536,936	$4,706,886
30	$8,673,560	-$3,169,548 -$563,781	$4,940,231